subject
Business, 18.10.2019 04:10 rodneydean4515

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement consumer surplus producer surplus neither i sold a jersey sweater for $39, even though i was willing to go as low as $30 in order to sell it. even though i was willing to pay up to $66 for a used textbook, i bought a used textbook for only $56. i paid $48 for a used laptop last week. this week, the same store is selling laptops for $36.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes
Answers: 3
question
Business, 21.06.2019 22:50
Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?
Answers: 2
question
Business, 22.06.2019 17:30
Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting
Answers: 2
question
Business, 22.06.2019 18:30
What is the relationship between credit and debt?
Answers: 1
You know the right answer?
Identify whether each of the following statements best illustrates the concept of consumer surplus,...
Questions
question
Chemistry, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
question
Mathematics, 24.02.2021 01:30
Questions on the website: 13722363